Tuesday, April 13, 2010

Shopping Center Leases

NAPLES, Florida - Net Lease Properties wants to inform Florida that CR South, a partnership between Continental Realty Corp. and Forman Capital LLC, has a new acquisition. They purchased Marquesa Plaza. This Naples Florida Shopping Center is a 115,000 square foot Retail center. This Commercial Real Estate is located at the intersection of Livingston Road and Pine Ridge Road in Naples, FL.
The purchase price was for $11 Million. The previous owner was Marquesa Plaza LLC.

This Commercial Real Estate was constructed in 2007. The neighborhood shopping center is currently 50% leased and features 19 tenants including Starbucks Coffee, First American Bank, Anytime Fitness, Carvel Ice Cream, Sunshine Pharmacy and one of our favorites, Five Guys Burgers and Fries.

The new ownership group has marketing and leasing activities aimed at targeting complementary retailers to add to the Marquesa Plaza Tenant mix.

If you feel this is the right time to invest in a Triple Net Lease propertiesor other Commercial Real Estate then contact us, HERE. Net Lease Properties can also assist with your Mortgage to purchase it.

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